Elon Musk is seriously considering building a new social media platform

The billionaire said in a tweet on Saturday that Elon Musk, CEO of Tesla Inc., is seriously considering building a new social media platform.

Musk was responding to a Twitter user’s question about whether he would consider creating a social media platform consisting of an open source algorithm and one that prioritizes free speech, and where publicity is minimal.

Musk, a prolific user of Twitter himself, has been critical of the social media platform and its policies recently. He said the company was undermining democracy by failing to adhere to the principles of free speech.

His tweet comes a day after he put out a Twitter poll asking users if they think Twitter adheres to the principle of freedom of expression, to which more than 70% voted “no”.

The results of this survey will be important. Please vote carefully,” he said on Friday.

If Musk decides to go ahead with a new platform, he will join a growing group of tech companies presenting themselves as champions of free speech and who hope to attract users who feel their opinions are being suppressed on platforms like Twitter (TWTR) .N) and Meta Platform’s (FB.O) Facebook and Alphabet owned (GOOGL.O) YouTube. Read more

None of the companies, including Donald Trump’s Truth Social, Twitter competitors Gettr and Parler and video site Rumble, have come close to matching the reach and popularity of the major platforms yet.

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